Finance - Watchtower Revenues Near $1 Billion Dollars
The Watchtower made it into New York’s top 40 corporations in 2001 with revenues touching $1 Billion dollars per annum. When you add this to the real estate they own, the Bethels and the Kingdom Halls, it probably makes them one of the richest printing companies in the world. Also see Donations.
Newsday.com, article on the top-40 New York corporations in 2001.
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No doubt WT's revenues are even higher now.
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w12 8/15 pp. 16-19
A Meeting Marked by Unity and Thrilling Plans
... Guy Pierce of the Governing Body spoke next and acknowledged that all present were curious about our construction projects in New York State. He introduced a video showing developments at Wallkill, Patterson, and recently acquired sites in Warwick and Tuxedo, New York. At Wallkill, a new residence due to be completed in 2014 will provide over 300 additional rooms.
There are plans to develop a 248-acre (100 ha) property at Warwick. "Although we are not yet certain of Jehovah’s will regarding Warwick," said Brother Pierce, "we are proceeding to develop the site with the intention of relocating the world headquarters of Jehovah’s Witnesses there." Plans are also being made to use a 50-acre (20 ha) parcel of land situated six miles (10 km) north of Warwick to facilitate the staging of machinery and building material. "Once construction is permitted, we hope to complete the entire project within four years," said Brother Pierce. "Then our property in Brooklyn can be sold."
"Has the Governing Body changed its mind about the closeness of the great tribulation?" asked Brother Pierce. "Not at all," he answered. "If the great tribulation interrupts our plans, that will be wonderful, absolutely wonderful!"
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Jehovah isn't sure what he's doing with all this real estate development, but go ahead and donate anyway...